Sr. Manager - Treasury

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11 - 16 years

20 - 30 Lacs

haryana

Posted:1 day ago| Platform:

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Skills Required

treasury operations erp sap oracle internal control investment accounting banking products reconciliation hedging erp systems instruments treasury compliance leadership negotiation cash flow mutual funds facilities credit tally ca communication skills treasury management

Work Mode

Work from Office

Job Type

Full Time

Job Description

About Company

Founded in 2011, ReNew, is one of the largest renewable energy companies globally, with a leadership position in India. Listed on Nasdaq under the ticker RNW, ReNew develops, builds, owns, and operates utility-scale wind energy projects, utility-scale solar energy projects, utility-scale firm power projects, and distributed solar energy projects. In addition to being a major independent power producer in India, ReNew is evolving to become an end-to-end decarbonization partner providing solutions in a just and inclusive manner in the areas of clean energy, green hydrogen, value-added energy offerings through digitalisation, storage, and carbon markets that increasingly are integral to addressing climate change. With a total capacity of more than 13.4 GW (including projects in pipeline), ReNew’s solar and wind energy projects are spread across 150+ sites, with a presence spanning 18 states in India, contributing to 1.9 % of India’s power capacity. Consequently, this has helped to avoid 0.5% of India’s total carbon emissions and 1.1% India’s total power sector emissions. In the over 10 years of its operation, ReNew has generated almost 1.3 lakh jobs, directly and indirectly. ReNew has achieved market leadership in the Indian renewable energy industry against the backdrop of the Government of India’s policies to promote growth of this sector. ReNew’s current group of stockholders contains several marquee investors including CPP Investments, Abu Dhabi Investment Authority, Goldman Sachs, GEF SACEF and JERA. Its mission is to play a pivotal role in meeting India’s growing energy needs in an efficient, sustainable, and socially responsible manner. ReNew stands committed to providing clean, safe, affordable, and sustainable energy for all and has been at the forefront of leading climate action in India.

Job Description

Exp.: 7 years to 15 years

We are seeking an experienced Senior Manager – Treasury to lead and manage comprehensive treasury operations, including bank guarantees, hedging, investments, documentation, accounting, and banking relationships. The role will also involve managing a team of 3–4 treasury professionals, ensuring high standards of accuracy, control, and compliance across all activities.

Key Responsibilities

1. Team Leadership
• Lead, mentor, and manage a team of 3–4 treasury executives.• Allocate work, provide guidance, review output, and ensure timely completion of activities.• Build capability within the team through training and performance management.• Foster a culture of accuracy, compliance, and continuous improvement.

2. Bank Guarantees (BGs)
• Oversee end-to-end processes for issuance, amendment, renewal, and cancellation of bank guarantees.• Monitor BG limits, validity, expiries, margins, and related documentation.• Coordinate with banks and internal departments to ensure seamless operations.• Maintain strong control and accurate MIS of BGs.

3. Currency & Commodity Hedging
• Execute and monitor hedging strategies for currency and commodity exposures.• Track exposures, hedge effectiveness, and prepare required documentation as per internal and regulatory norms.• Analyse market movements and provide hedging recommendations to management.• Liaise with banks, brokers, and trading partners.

4. Investments: Fixed Deposits & Mutual Funds
• Manage investment operations for Fixed Deposits and Mutual Funds.• Oversee placement, renewal, redemption, and tracking of returns.• Ensure investment documentation, compliance, and timely reporting.• Maintain updated investment registers and reports.

5. Documentation, Compliance & Controls
• Ensure strong internal controls and compliance across all treasury activities.• Manage documentation for BGs, hedges, investments, loan facilities, and banking arrangements.• Support statutory, internal, and bank audits with accurate data and timely responses.• Ensure adherence to RBI guidelines and company policies.

6. Treasury Accounting
• Supervise accounting and reconciliation of treasury transactions.• Track bank charges, interest income, hedge MTM, and investment valuations.• Review and approve accounting entries in ERP systems.

7. Bank Relationship Management
• Act as the primary contact for all banks and financial institutions.• Negotiate rates, terms, limits, and fees for various treasury instruments.• Manage credit limit renewals and documentation.• Build and maintain strong banking relationships to support business needs.

8. Reporting & MIS
• Prepare and review MIS reports on cash flows, exposures, hedges, investments, and liquidity positions.• Analyse trends, risks, and financial impacts to support decision-making.• Present treasury insights and strategies to senior management.

Required Qualifications & Experience• CA / MBA (Finance) / CFA or equivalent finance qualification preferred.• 7–15+ years of experience in treasury operations, with at least 3–5 years in a senior supervisory role.• Strong expertise in banking products, hedging instruments, investments, and credit facilities.• Proficiency in ERP systems (SAP, Oracle, Tally, etc.).• Excellent communication, negotiation, and leadership skills.• High integrity, strong control orientation, and attention to detail.

Preferred Attributes
• Strong leadership and mentoring abilities.• Strategic and analytical mindset.• Ability to handle end-to-end treasury operations independently.• Proactive approach with strong follow-through and multi-tasking ability.